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The original item was published from 10/17/2022 5:36:31 PM to 11/1/2022 12:00:06 AM.

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Petersburg News

Posted on: October 17, 2022

[ARCHIVED] JLARC Study Indicates Casino in Petersburg Would Be Successful

10 17 2022 640 PP PRESENTATION TO JLARC Petersburg_Casino_Briefing-1-1

JLARC STUDY INDICATES CASINO IN PETERSBURG WOULD BE SUCCESSFUL

Demand is sufficient in the Petersburg market to support a casino with a minimum $300M capital investment.

Petersburg casino would generate additional state and local tax revenue.

Return-on-investment analysis shows Petersburg casino to remain profitable five years after opening and positive cash flow after 10 years.

JLARC Presentation on October 17, 2022

Complete JLARC Study

CASINO JLARC STUDY 10 17 2022 IMG_5482 copy

 

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